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الشارقة 24
Egyptian foreign remittances hit record high
The UAE condemned the bombing of an educational center in Kabul, while China is planning to invest two billion dollars in an industrial complex at the Suez Canal. In the economic sector, Alibaba’s revenues increased by 9% in its quarterly earnings, and Walmart achieved sales of $188 billion despite a decline in stock prices. Meanwhile, U.S. unemployment benefit claims dropped to 206,000, and remittances from Egyptians abroad reached a record high of $47.3 billion. The cryptocurrency market also saw growth, supported by Trump’s backing of the Clear Act, while politicians’ attention is turning toward influence in the U.S. elections, focusing on artificial intelligence, crypto, and betting.
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